Banking Fund Financials
| RYKAX Fund | USD 97.70 0.43 0.44% |
Banking |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Banking Fund Fund Summary
Banking Fund competes with Vanguard Financials, Regional Bank, T Rowe, Financial Industries, and T Rowe. The fund invests substantially all of its net assets in equity securities of Banking Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. It may invest to a significant extent in the securities of Banking Companies that have small to mid-sized capitalizations.Specialization | Financial, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Rydex Series Funds |
| Mutual Fund Family | Rydex Funds |
| Mutual Fund Category | Financial |
| Benchmark | Dow Jones Industrial |
| Phone | 800 820 0888 |
| Currency | USD - US Dollar |
Banking Fund Key Financial Ratios
Banking Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Banking Fund's current stock value. Our valuation model uses many indicators to compare Banking Fund value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Banking Fund competition to find correlations between indicators driving Banking Fund's intrinsic value. More Info.Banking Fund Class is rated below average in price to earning among similar funds. It is rated below average in price to book among similar funds fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Banking Fund Class is roughly 12.56 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Banking Fund's earnings, one of the primary drivers of an investment's value.Banking Fund Class Systematic Risk
Banking Fund's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Banking Fund volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Banking Fund Class correlated with the market. If Beta is less than 0 Banking Fund generally moves in the opposite direction as compared to the market. If Banking Fund Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Banking Fund Class is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Banking Fund is generally in the same direction as the market. If Beta > 1 Banking Fund moves generally in the same direction as, but more than the movement of the benchmark.
Banking Fund December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Banking Fund help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Banking Fund Class. We use our internally-developed statistical techniques to arrive at the intrinsic value of Banking Fund Class based on widely used predictive technical indicators. In general, we focus on analyzing Banking Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Banking Fund's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.05 | |||
| Information Ratio | 0.073 | |||
| Maximum Drawdown | 12.79 | |||
| Value At Risk | (1.98) | |||
| Potential Upside | 2.46 |
Other Information on Investing in Banking Mutual Fund
Banking Fund financial ratios help investors to determine whether Banking Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Banking with respect to the benefits of owning Banking Fund security.
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